Wait and watch before taking a plunge into telecom stocks: Ajay Bodke
'The competitive intensities continue to be very strong and hence we would be cautious and wait it out before taking a plunge into that sector.'
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In a chat with ET Now, Ajay Bodke, Prabhudas Lilladher, talks about the telecom space.
ET Now: What is the view on telecom, spectrum sharing has been allowed with conditions, does it make investment case stronger for the telecoms and if so which ones do you like?
Ajay Bodke: With regard to Telecom, we have to wait and watch. The competitive intensities continue to be very strong and hence we would be cautious and wait it out before taking a plunge into that sector.
ET Now: What is the view on telecom, spectrum sharing has been allowed with conditions, does it make investment case stronger for the telecoms and if so which ones do you like?
Ajay Bodke: With regard to Telecom, we have to wait and watch. The competitive intensities continue to be very strong and hence we would be cautious and wait it out before taking a plunge into that sector.
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